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McDonald's Loses Swedish Investor's Confidence

Guavy AI Editorial Team
Instruments
MCD
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Handelsbanken Fonder AB, a Swedish investment firm, has reduced its stake in McDonald's Corporation by selling 11,847 shares during the second quarter. This move trimmed Handelsbanken's position in MCD by 4.4%.

The total value of their holdings in McDonald's is $68,815,000 as of their most recent filing with the Securities and Exchange Commission.

Other institutional investors have also been buying and selling shares of McDonald's. Vanguard Group Inc., for example, raised its stake by 1% during the fourth quarter.

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